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Agora launches AUSD stablecoin with successful first over-the-counter transaction

Agora's AUSD stablecoin has successfully completed its first over-the-counter transaction, marking its transition from development to real-world application. With the stablecoin market exceeding $210 billion, Agora aims to compete with established players by focusing on institutional adoption and offering features tailored for decentralized finance. The AUSD's reserves are managed by a recognized asset manager, ensuring transparency and compliance as regulations evolve.
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Finance & Economy, Market Report
04:01 09.01.2025
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